projects Archives - News and Events

You think African renewable energy needs solar? Think again.

15 September 2015 admin 0

Last week the 350 team were meeting government officials in Malawi and Zambia, and during the journey we saw just how important geographical concerns are for renewable development. In particular, as we explored the issues facing African renewable energy we confirmed a key element of our strategy to match the right renewable technology to the local ecosystem, economic needs and political climate for the region. Put simply, Sub-Saharan Africa doesn't need solar. It placed us in the unusual position of being invited to discuss expanding the Malawian renewable power supply from 350MW towards their long term goal of [...]

Final pre-flight checks before we begin Atacama development

28 August 2015 admin 0

We’re delighted to announce we’re making the last few preparations to launch our first Deal Stream 2 project, planned to break ground mid-2016 in Chile’s South Atacama desert. The project is for a sub-50MW solar energy facility that meets all the requirements for delivering a high quality, profitable solar park with excellent long term revenue potential. The key to building high quality renewable energy assets that deliver both effective carbon reductions and offer long term value creation for investors is defining the right kind of project. This first Atacama solar development is an excellent example: Location: [...]

Creating value from global trends and “guanxi”

15 June 2015 admin 0

With our NDNCNSA (Non-Disclosure, Non Circumvent, Non Solicitation Agreement) and Term Sheets detailing the scope of our relationship with a major Infrastructure Fund now signed, Deal Stream 1 is coming online. Deal Stream 1 will consist of 6 projects, with the first now being submitted for acquisition. We’re progressing with development of Deal Stream 2, beginning operations with our Chinese solar manufacturers, codenamed CSC (Chinese solar conglomerate) 1 & 2. Which brings us to consider that facet of Chinese culture known as guanxi (pronounced ga-wan-chee and sometimes written guangchi). There’s no direct translation, but it’s a fundamental part [...]

David Burns joins Solar 350 as Chairman

28 May 2015 admin 0

Solar 350 is delighted to announce David Burns' appointment as our new Chairman. Having been an early investor and independent director of the company in its initial stages, David is taking on the leadership of the board to oversee a critical phase in our expansion. His appointment is another step forwards for Solar 350’s plans for 2015/16, building a senior management team experienced in both developing and financing multiparty renewable energy projects. David is the right candidate to help us knit together our Chinese solar conglomerates, large infrastructure fund clients, equity/debt providers and local JV partners. His background in [...]

350 Signs New Peruvian Solar Development Partnership

12 May 2015 admin 0

After a successful trip to Lima earlier this year, we’re excited to announce we’ve partnered with a large Peruvian engineering firm ($100m turnover) to begin operations within Peru’s nascent solar energy industry. Our role is to take the backing of our partner’s enterprise-scale industrial build capacity and establish a local solar development company focused on small-scale solar parks facilitating rural electrification. Currently, there is significant Peruvian government support for these initiatives, high local electricity prices and geographically speaking, Peru receives the highest solar irradiation in the world (a function of global position, altitude and cloud cover). Therefore, we anticipate [...]

Solar 350 at the British Chinese Energy Association

30 March 2015 admin 0

Last week it was great to be a speaker at the British Chinese Energy Association event "Away from the coal face and towards the light - renewables from a practitioner's point of view" in London. In a packed day with great hospitality from the hosts (Smith & Williamson Financial Services in Moorgate) I enjoyed presenting to an audience of energy professionals and renewables tech experts, focusing on our Chilean project progress, experiences in the Chilean energy market and the wider opportunities presented by renewable power projects in South America. The BCEA is a non-profit organisation that connects [...]

The rise of renewable energy in Chile

21 January 2015 admin 0

Earlier this month Enel Green Energy brought 100MW of solar panels online in the South Atacama Desert in Chile. The South Atacama is also where our Solar Development company Solar 350 is about to start building our own solar parks, and where our carbon accreditation company Carbon 350 sees huge potential for emissions offsets. It is a unique location to optimise solar power, not just in terms of consistently high solar irradiation but also for creating the best C02/CO2e reductions from renewable power too. We're not surprised to see the rise of renewable energy in Chile. However these [...]

The future’s bright… renewable energy development is too.

21 January 2015 admin 0

We’re coming up on the end of January in a year that will mark some major new developments for 350PPM and its family of companies. 2015 will be a groundbreaking year for us, quite literally, as we’re poised to break ground on our first SuperSol solar park project in Chile’s Atacama Desert. As you might already know, back in 2012 Solar 350 - our renewable energy development company - received SEIS / EIS accreditation from HMRC, laying the groundwork for investors to come on board with our solar energy projects. We also secured the rights to develop [...]

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